Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Brazil recommends that Argentina use RMB as payment guarantee in exporting

Brazil recommends that Argentina use RMB as payment guarantee in exporting

Aug 24, 2023 15:30

Source:SMM

According to the report of Sputnik News Agency & Radio on August 24, Fernando Ada, Finance Minister of Brazil, stated that Brazil recommended Argentina use RMB as a payment guarantee when exporting.

According to the report of Sputnik News Agency & Radio on August 24, Fernando Ada, Finance Minister of Brazil, stated that Brazil recommended Argentina use RMB as a payment guarantee when exporting. “The Brazilian government proposed to Argentina a plan to use RMB as payment guarantee when exporting, so as to bypass the serious cash shortage risk in neighboring countries and maintain trade volume”, said Fernando Ada. He also referred that using RMB can guarantee any payment “without risk of default”.

Macro economy

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Kloeckner Metals opens a new metal stockholding and processing unit comprising aluminium & steel

Kloeckner Metals UK has recently inaugurated its cutting-edge stockholding and processing facility at Newbridge Link in the Newbridge Industrial Estate in Edinburgh.

time

Feb 4, 2024 15:51

EKA Mobility sets the bar high with the launch of EKA K1.5, redefining sustainable commercial transport in India

EKA, a prominent player in the electric mobility sector, has officially unveiled its highly anticipated 1.5-tonne electric Light Commercial Vehicles (LCVs) in collaboration with Mitsui Co., Ltd. from Japan and VDL Groep from the Netherlands as equity partners.

time

Feb 4, 2024 15:50

Ball, Novelis and Alcoa’s joint effort culminates in a WEF 2024 commemorative aluminium cup

In an enigmatic move within the ambit of the #FirstMoversCoalition, Ball Corporation and Novelis have seamlessly joined forces with Alcoa to unveil a distinctive edition of the Ball Aluminum Cup®.

time

Jan 22, 2024 18:34

Bell Bay Hydrogen Hub secures A$300 million in landmark investment via the Australian Labor Government

To rejuvenate interest in the Bell Bay hydrogen hub, Australia's Federal Labor Government has allocated a substantial A$70 million, with the combined efforts of state government funding and private-sector contributions, amassing a total investment of A$300 million at the site.

time

Jan 18, 2024 18:42

ASI accredits Chongqing Millison Technologies with the Performance Standard V3 certification

The Aluminium Stewardship Initiative (ASI) has officially declared that Chongqing Millison Technologies Inc.

time

Jan 12, 2024 18:01

National Bureau of Statistics: In July, the production of major energy products in industrial enterprises above designated size maintains year-on-year growth

On August 15, the National Bureau of Statistics showed that in July, the production of major energy products in industrial enterprises above the designated size maintains year-on-year growth.

time

Aug 15, 2023 18:25

National Bureau of Statistics: In July, the production of major energy products in industrial enterprises above designated size maintains year-on-year growth

Chongqing: Records of sold houses and settled commercial personal housing loans are not used as the basis for determining the number of housing units

Chongqing issued the Notice on Further Optimizing the Use of Housing Provident Funds on August 11.

time

Aug 11, 2023 17:53

Chongqing: Records of sold houses and settled commercial personal housing loans are not used as the basis for determining the number of housing units

Economic Daily: Make good use of financial resources to resolve local debt risks

The Economic Daily article pointed out that to promote the resolution of local debt risks, we must focus on stability as the core of our work.

time

Aug 9, 2023 18:23

Economic Daily: Make good use of financial resources to resolve local debt risks

G7, EU Plan to Ban Restart of Russian Gas Pipeline

According to multiple media reports, according to officials involved in the negotiations, the Group of Seven (G7) and the European Union will prohibit the restart of pipeline natural gas transmission from Russia.

time

May 15, 2023 14:03

G7, EU Plan to Ban Restart of Russian Gas Pipeline

Fitch Ratings Raises Saudi Arabia IDR, Says World Bank Reason and High Dependence on Oil Remain a Weakness for the Country's Rating

Fitch raised Saudi Arabia's long-term foreign currency issuer default rating (IDR) to 'A+' from 'A', citing the country's strong fiscal position and strong foreign exchange reserves.

time

May 10, 2023 17:05

Fitch Ratings Raises Saudi Arabia IDR, Says World Bank Reason and High Dependence on Oil Remain a Weakness for the Country's Rating

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.